Finally! I was wondering when it would sink in how unrewarding this path could be.
Financially, the market as a whole looks less secure and perhaps less lucrative than it was in the past, but that matters less for people not driven mostly be finances and the compensation for some of those graduating ahead of me is not unlivable.
No I'm not talking about spiritually or intangibly rewarding. I'm talking about whether the huge investment ends up being wasteful and an unnecessary burden.
And the precipitous drop in applicants is due to the people driven more by finances not applying because the financial advantage is no longer there. Which is fine - this is standard supply/demand behavior.